Saudi Arabia plan $109 billion solar energy project to reduce oil consumption
If Saudi Arabia doesn’t develop an efficient, renewable energy infrastructure soon, it could burn 850 million barrels of oil each...
Energy
Qatar joins the Global Green Growth Institute
The State of Qatar joined a consortium of founding member countries in initialing the agreement of establishment of the Global...
Iraq to import 250MWs from UAE
Iraqi Ministry of Electricity will import 250 megawatts from the United Arab Emirates in a bid to reduce the electricity...
Deputy Minister of Electricity inaugurates Saudi Energy 2012
Deputy Minister of Electricity, Dr. Saleh Al-Awaji, inaugurated the Saudi Energy 2012 — The 15th International Show for Electricity, Lighting,...
Saudi Arabia targets 41 GW of solar by 2032
Positioning itself to become one of the largest solar markets globally, the governments King Abdullah City for Atomic and Renewable...
Bahrain to spend $15bn on developing oil, gas
Bahrain plans to invest US$15bn to develop crude oil and natural gas resources over the next two decades, Oil Minister...
Saudi Arabia carrying out SR140 billion energy projects in 2012
Saudi Arabia is implementing energy projects at a cost of SR 140 billion during the current year, thus topping the...
Exxonmobil signs $100 million contract to drill 20 oil wells in Iraq
US oil giant company ExxonMobil Corporation has signed a contract with the state-run Iraqi Drilling Company to drill 20 oil...
ABB wins $16m order to support power infrastructure in Iraq
ABB has won an order worth approximately $16 million from Mass Global Investment Co. for the construction of a substation...
Iraq hits new oil export highs in April
Iraq’s crude oil exports averaged 2.508 million bpd in April, the highest level in decades, the head of the State...
The latest Middle East Business News & Events brought to you on a daily basis from multiple credible news portals around the world